Member Info for Chickenlegs

In oversold territory. Spike or not fundamentally there are excellent drivers just around the corner. When the JV is extended the high of two days ago should be absolutely shattered.

Hi impecunious2 thanks for that. Not going to call everything right I'm afraid but I trust my judgement and put my money where my mouth is. You just have to do your research and trust it and believe that things will turn out the way you see it. Try not to be spooked by days like this or get too excited by days like yesterday, there is always tomorrow and there will be more highs and lows. Omi is not for the faint hearted but has plenty going for traders and long holders alike. Always going to be a shake today and profit taking. Rollercoaster for sure but by gosh it's fun.

Quite alot of points I agree with expru2000. Always thought late 2022 early 2023 is game time for our major partners to take Anza out. I have no doubt this will happen as well. That's the whole point in moving away from Apta (clearly could be proved up further) but there is a whole host of other areas that need some attention. The majors don't want to focus all their efforts at Apta (though I think it will prove to be bigger than 1st envisaged) they want to know what is happening throughout the whole of Anza so they can pull that trigger. I know you specified 90 days and you were probably referencing Brazil but the JV should be actioned in less time, I reckon within 6 weeks and I imagine the outstanding assays before that (my opinion only). Plenty news flow to come in the next while, complimented with what should be an action packed late 2021 early 2022. As stated before I think the Brazil news is ideal, although only LOI Brad is protecting the Anza asset with this intention and as he is a geologist by trade I don't think he would be entertaining this tin play without already doing some due diligence. He's not flashy and he has been getting stick but look what has been happening behind the scenes during those tough months there. With regards to director purchases, expect that they will come once the remainder of Apta assays are back. Currently I suspect he will be sitting on market sensitive information therefore cannot buy quite yet. This will also be coming fairly shortly in the grand scheme of things and I imagine the directors will time this before the more juicy areas are drilled, by that point the price action could potentially get real tasty.

Silly season and price is down now. Shaky shaky catchy Omi shares

Can't see a raise. Brazil is low cost to start with and Omi are literally swimming in cash (a lot stronger than most juniors). Brazil will be a decent project, Brad wouldn't entertain a project that doesn't offer value and has something about it. This is all to protect the Anza asset from low ball offers. Bloody good news. Not signed and sealed but I think this will be taken and if not they will another target in mind.

If you read that RNS it's not huge money when considering the money in the bank currently and 4 million added to the coffers for JV extension. Remember costs are on the majors tab at Anza.

Nope should be a bit of fun and games but this is positive news going forward. To me this is confidence that JV will extend and helping protect our Anza asset. Splendid news.

Yeah I thought this also Karl but I suppose a dilution wouldn't be so bad if 1 it's at above or close to current price and 2 it forces the majors to pay a premium to get their hands on it. I suppose as well it's currently academic as the balance sheet is strong and if the JV progresses another 4 million is added. Timing is going to be paramount to omi. They have to try and be a step ahead of our big brothers as to not be taken out on the cheap. I think Anza is going to be huge and I have said before another site or opportunity added to the Omi portfolio might be a worthwhile pursuit. Not necessarily as the main prize right enough but something tangible if Anza is snapped up.

A lot of news flow for the next year. Can't wait.

I was actually impressed. Reading between the lines looks like Newmont and Agnico are going to trigger the JV again. They know Apta is decent so are going to concentrate on other areas that will hopefully be even better and push it along slowly in conjunction whilst getting a handle of the other plots. We should have drills going in juicer areas late 2021 and early 2022. No coincidence that the 2 new areas identified are north of jesuitas running along the Aragon fault. They are going to prove up the whole of Anza to hopefully get us on the road to the monster status Newmont want. Newmont are no mugs but nor is Brad. He understands the need to be in a healthy strong position so not be taken out the cheap.

Ouzo65 alot of us here in for the long game. Though on paper some were nursing paper losses most of us expect this to be multiples of this in a year or two. Money to be made trading and holding long term everybody has their strategy. Personally I reckon Newmont will take this out long before it goes to production a few years down the line. As has been stated the surface is only being scratched. Bags of potential here.

Yes Dr we have been through a few tough months. Hopefully hold these gains today and after the webinar tomorrow rate again. The webinar could be explosive as well. Alot of info to digest in the latest RNS. I have to state loads of legs still to run on this. But then we both know that anyway.

Yep the volume was good impecunious2. Always knew any positive news would put a rocket up this. I suppose my just in case money never needed to come in after all. Just happy for all the holders over the last few months that put up with months of sliding. Took some guts to do that. Crazy thing is there is still plenty head room in this for it old and new investors alike. Amazing RNS after the wait and let's see what this webinar brings in. Can't wait to tune in for that :)

I've been battering on for months that Apta is the least fancied area of Anza but will come up with the goods. It's better than what Newmont and Omi envisaged I think. I also have to agree that although today's price action seems sensational it still has a tiny mcap and with the webinar tonight keep those golden tickets the long haul. We have better areas and alot more room to grow and with that this share price will be blown out the water for those that have patience.

Always good having a major to lean on. Newmont know what they have here, I know what they have here. Time for the market to take Anza seriously me thinks. Wonderful RNS.

Why wouldn't one accumulate. 2 majors supporting and 5 drills turning. Yes covid is bad in Colombia and we have delays at labs but clearly the company is doing its utmost on the drill side of things. Yes we can moan at the price action, or lack of updates etc but as long as they are doing the basic thing of keeping the rigs turning then at some point we are going to be treated to a huge amount of data. We are no doubt gathering quite the picture at Apta. For that I have no doubt. At the end of the day the potential grades and size is what we are all here for. Switch off from the slide and trust your instincts are right on this one. Don't be conned into selling before the true picture emerges.

That's a great point mamba - the issue that Colombia faces is they have been heavily reliant on coal mining in the past and although they'll still get a few decades more out of that, the ball is rolling in what can fill that gap. Gold mining is one such area that can help plug that gap which the government are proactive in. The country itself is losing billions of lost revenue in the illegal gold space so it makes complete sense. I think Zijin have been having problems hitting production targets because of this as well. Certainly if the government can provide a certain level of security in such cases that should help our situation moving forward also.

True sharetrader I could top up now for sure as I think it's a great price but I'm also holding a decent amount much more than I personally planned to have. Pretty easy with that tho as I like the project but i just think in my situation it's prudent to hold off for now and keep a bit of dry powder for a "just in case" scenario. We have settled in a bit of a range mind you so it's very very tempting to pull the trigger and get few more but so far I have resisted Brad's charms.

Pretty sure bhargav is still holding. We just have to wait and let time take its course. We all want jam today but it will be worth it in the end. I'm holding long and strong and will be adding. Just waiting until I personally think it's right for me.

I don't know webbs. I've bought all the way down as i think this will come good and I can wait. My average isn't at all bad. Certainly one I can live with. Like AG said if we hit 10p I'd be buying a considerable amount. I have some capital set aside for this scenario. The volume i agree is absolutely shocking for what is being advertised as a possible tier 1 discovery. By the same token can we really expect killer volume when we haven't any news for months. Eventually I'd like to think things will pick up.